Tuesday, February 2, 2010

IBM to Acquire Initiate Systems for Data Integrity Software

IBM agreed to acquire Initiate Systems, a supplier of data integrity software for information sharing among healthcare and government organizations. Initiate's software speeds the adoption and exchange of electronic medical records.

Initiate Systems is a privately held company based in Chicago, IL and marks the 30th acquisition IBM has made to advance its capabilities in information and analytics. Financial details were not disclosed.